Daiwa House Industry Co.,Ltd. acquired 90% stake in Wakamatsu KONPOU Unyu Soko, Inc, 5% stake in Nippon Butsuryu Management Inc and 40% stake in WAKAMATSU UNYU, Inc.
March 07, 2019
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Daiwa House Industry Co.,Ltd. (TSE:1925) acquired 90% stake in Wakamatsu KONPOU Unyu Soko, Inc, 5% stake in Nippon Butsuryu Management Inc and 40% stake in WAKAMATSU UNYU, Inc. on March 8, 2019.
Daiwa House Industry Co.,Ltd. (TSE:1925) completed the acquisition of 90% stake in Wakamatsu KONPOU Unyu Soko, Inc, 5% stake in Nippon Butsuryu Management Inc and 40% stake in WAKAMATSU UNYU, Inc. on March 8, 2019.
Daiwa House Industry Company is a building and civil engineering works group organized around 5 areas of activity:
- construction and sale of business real estate assets (42.4% of net sales): offices, industrial sites, distribution centers, etc.;
- rental housing (25.4%);
- construction and sale of residential real estate assets (20.2%);
- renovation services (3.4%);
- other (8.6%): primarily production of building materials and logistic services.
Daiwa House Industry Co.,Ltd. acquired 90% stake in Wakamatsu KONPOU Unyu Soko, Inc, 5% stake in Nippon Butsuryu Management Inc and 40% stake in WAKAMATSU UNYU, Inc.